London, 10 December 2014: TechNavio, the independent tech-focused global research firm, has published a report on the Global Actuator Systems Market in Aviation Industry 2014-2018, which is expected to grow at a CAGR of 4.53 percent during the period 2013-2018.
“UAVs have now become an integral part of the Aviation industry and are mainly used for military and commercial applications,” says Faisal Ghaus, Vice President of TechNavio.
“UAVs use electronic actuators to control a variety of functions, such as to start, guide, and drive various components.”
Key Market Drivers
- Increase in Number of Aircraft
- Shift toward MEA
- Rise in Demand for UAVs
Key Market Trends
- Aircraft Weight Reduction
- Constant Evolution of Technology
- Need for Fuel Economy
Key Market Vendors
- Eaton Corp.
- Honeywell International Inc.
- Moog Inc.
- Rockwell Collins Inc.
To define the market circumstances in the next 3-4 years, TechNavio analysts have conducted in-depth analysis of the impact of market drivers, challenges and trends featuring data on product segmentations, vendor shares, growth rate by revenue and an evaluation of the different buying criteria in the order of importance.
https://www.technavio.com/%3Cp%3EIf%20you%20are%20interested%20in%20more%…
